STOCKWATCH
·
Auto Components & Equipments
Deals6 Feb 2026, 11:50 am

Varroc Engineering Wins Strategic Contract for AC-Bi Directional Wall Charger with Leading Global Electric Vehicle OEM

AI Summary

Varroc Engineering Ltd has won a strategic contract for the supply of AC-bi directional wall chargers for electric vehicles with a leading global electric vehicle OEM. The program is expected to span six years, with an estimated annual business value at peak capacity of approximately USD 48 million. The chargers will be manufactured at Varroc’s established facility in Romania, ensuring high-quality production and timely deliveries in line with global standards. This information is disclosed in compliance with the applicable provisions of the Listing Regulations and SEBI Circulars.

Key Highlights

  • Strategic contract for AC-Bi Directional Wall Charger with Leading Global Electric Vehicle OEM
  • Program span: Six years
  • Estimated annual business value: USD 48 million
  • Manufacturing: Varroc’s established facility in Romania
VARROC
Auto Components & Equipments
Varroc Engineering Ltd

Price Impact